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Cost Terms and Classifications
?
Which of the following classifications is correct? Prime Cost/ Conversion Cost
Direct labour and materials /Direct labour and material and manufacturing overhead
Direct labour and direct materials /Direct labour and manufacturing overhead
Direct materials/ Direct labour
Raw materials/ Work in process
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (B)
Direct labour and direct materials /Direct labour and manufacturing overhead
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